Raine & Horne Commercial South Sydney | Inner West are proud to present to the market a development opportunity for the astute purchaser.
The property is positioned within a peaceful and quiet street with a family-friendly atmosphere on the corner of Bell Street and Iris Avenue in a cul-de-sac setting, this R3 zoned, corner block is near local cafes, parks & shops.
This property has architect drawings for 4 homes ready to be submitted to the council under complying development opportunity under the Low-Rise Housing Diversity Code (STCA).
Key Features:
> Potential Housing Development Site (STCA)
> Architect Concept Drawings ready for submission
> Sweeping 60-metre frontage from Iris Avenue to Bell Street
> Total site area of 958.6sqm approx.
> Land dimensions: 36.5 metres x 26.2 metres
> Zoned R3 Medium Density Residential
> 17 Bell Street consist of well-maintained 3 bedrooms previously leased @ $690 p/w
> 19 Bell Street consist of a neat 2/3 bedrooms home previously leased @ $500 p/w
> Positioned in the most convenient location within a short distance to train station, bus stops, cafes, shops, and schools
> Realistic Owner, will be sold
17-19 Bell Street, Riverwood is being sold by Expression of Interest. The closing date is Tuesday, 17th September 2024 at 4pm.